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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as much. lou: they don't care about as much. those folks down in new orleans, implying because they're black. that the federal government, the rest of us, apparently, did not care about the folks in the once in 2005. that, of course, then senator barack obama talking on the fifth of june. in 2007, that video obviously very, very well documented. the current president's view before a mostly black audience of ministers that the country just doesn't care as much about our black citizens as we do other citizens, specifically knew well as residents. what i wanted to do tonight is but
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as...
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polls show the economy is the top issue for voters. and on this day in 1927, sculptures began transforming mount rushmore into a monument. came up with the idea as way to promote tourism. congress approved. 12 years later etched the images of washington, lincoln, roosevelt into stone. it did not go smoothly. jefferson originally sat to the left of washington. but within two years the face cracked, workers had to blast the sculpture right off the mountain and move jefferson to the right. workers started chipping away 85 years ago
polls show the economy is the top issue for voters. and on this day in 1927, sculptures began transforming mount rushmore into a monument. came up with the idea as way to promote tourism. congress approved. 12 years later etched the images of washington, lincoln, roosevelt into stone. it did not go smoothly. jefferson originally sat to the left of washington. but within two years the face cracked, workers had to blast the sculpture right off the mountain and move jefferson to the right. workers...
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the economy is too weak. we're growing faster then than we are now. >> how big an issue could it be for democrats if mitt romney successfully makes the case? >> you know, this is how i see it. imagine you're going into -- you want to buy a car, right? >> yeah. >> you go to the car dealership and the dealer says i've got this great car for you. it goes zero to 60 in two seconds and it's climate control, turbo charged and guess what, it's electric and it flies and it's only $10,000. and you say, great, it's awesome. this sounds like a great car. i would love to drive t he says there's a catch, though. i can't show it to you. it's in the garage but i can't actually show it to you, but are you going to buy it? you've got to trust me. all those things, it's all true. that's what you're seeing now. mitt romney sold something last night that can't be true. all of the independent analysis says it sha-- and i take issue some of your research there. as voters start to dig more into this pitch they're going to realize i
the economy is too weak. we're growing faster then than we are now. >> how big an issue could it be for democrats if mitt romney successfully makes the case? >> you know, this is how i see it. imagine you're going into -- you want to buy a car, right? >> yeah. >> you go to the car dealership and the dealer says i've got this great car for you. it goes zero to 60 in two seconds and it's climate control, turbo charged and guess what, it's electric and it flies and it's...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have the jobs to pay them back -- and for giving loans and do not have the jobs to pay them back. we very much need new solutions. what we hear from both barack obama and mitt romney are essentially a rehash of where we have been not only for the past four years, but certainly for the eight years before that. we're hearing more about deregulating business and wall street, as if we did not having a problem from that already. we're hearing more about tax breaks for the wealthy, and we've seen tax breaks continue over the past many decades across all s
we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have...
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, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what happened in last night's debate and i promise you, you're probably not going to believe it. that's later. up next a much more serious conscience of the internal debate after the u.s. attack in libya it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, yoargeting stocks to trade. well, that's what trade architect's heat maps do.
, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what...
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. >> who has the right fuel to boost the economy? dr. yurgin weighs in next. hit hard by the recession, but an organization is helping the returning heros find work. we'll hear from the war fighters foundation later. also, will a t-mobile and pcs merger give our carriers a run for the money? we'll find out what it means for your bottom line. we're on the case next on "the willis report."♪ ♪ ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. you see us, at the start of the day.nge, on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around th
. >> who has the right fuel to boost the economy? dr. yurgin weighs in next. hit hard by the recession, but an organization is helping the returning heros find work. we'll hear from the war fighters foundation later. also, will a t-mobile and pcs merger give our carriers a run for the money? we'll find out what it means for your bottom line. we're on the case next on "the willis report."♪ ♪ ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or...
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he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years ago. the symbolism of both communities marching arm to arm children singing together. people coming together to fight for the same issue for the right to votes and also for the workers' rights and education is very important. we need to keep focus on that flavor of unity. together we can fight for 30% of the pie in such a 15%. -- and said a 15%. >> i do not want 30% of the pie. i want at least 50. %. folks, give it up for our panel. i want to thank all of you as well as everyone who watched this on the live shrink. tell your friends and f
he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years...
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and i think if we're going see our way out of the largest economy of challenge of our economy -- how do we take care of sick. and the poor? and how do we stop climate change? for us, west to the hypothetical. it's not academic. and the consequences are not insignificant to us because what happens fifty years from now we'll be affected. we'll still -- i plan to be around still, fifty around. i plan to be in office, i hope. i'll be in my 13th term. we have to take that energy and that creativity and that authority and inject it in to our government. at the moment, government is being run by grown-ups over all the world. are too often not getting the job done. bringing in the here just with all of you. not in office, i want to talk a little bit more about the voter, especially with the results of the survey that was released this morning by the berkeley center. while we have a lot of energy creativity, news media access is arguably easier than over to get ahold of 50% are registered to vote. more are registered but 50 percent are certain. what's going on with that? someone mentioneddier
and i think if we're going see our way out of the largest economy of challenge of our economy -- how do we take care of sick. and the poor? and how do we stop climate change? for us, west to the hypothetical. it's not academic. and the consequences are not insignificant to us because what happens fifty years from now we'll be affected. we'll still -- i plan to be around still, fifty around. i plan to be in office, i hope. i'll be in my 13th term. we have to take that energy and that creativity...
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and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to corporations that move jobs overseas. when he was asked what he would do to actually cut spending and reduce the deficit, he said he'd eliminate public television funding. don't boo now. but i just want to make sure i got this straight. he'll get rid of regulations on wall street. but he's going to crack down on sesame street. >> all right. so there's the president of the united states. he's got a good line there about mitt romney. he's been ridiculing mitt romney big time. he did it earlier today. now. something he avoided doing dramaticall
and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to...
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reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the argument begins that the regulation with -- about to go down in flames with revelations from a man at the helm. one of the nation's biggest banks during the heart of the meltdown. john ellison is here to focus the blame back where it belongs. you don't want to miss this debate. cleveland is open for business. liz claman in the heart of the city. what makes their city the place to be? liz: you should be here. this is a rock and roll hall of fame at huge tourist attraction. look what i got you. and he was two years old. and this was the best.
reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the...
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there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i think most people would agree that the president does more in his sleep than john sununu. karen finney, what was underneath this, referring to the president as lazy and a pizza boy? >> well, this is what we have seen time and again from the conservatives in terms of the lack of respect for this president. they have really demeaned the office of the presidency. you had a prominent conservative writer earlier this week essentially say the only reason, the only excuse possible as to why barack obama could be ahead in the polls is because he's black. i mean, this -- you also had john
there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i...
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you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not the case. i have five boys. i'm used to people saying something that is not always true but keep on repeating it and hoping i will believe it. that is not the case. >>trace: when you get the $5 trillion number it was extrapolated from one year and this is also blown out of proportion. >>guest: the $5 trillion is from what we know of the plan, and it is a third-party estimate of the ten-year effect, so you have tremendous number of assumptions, the size of the economy and that is where the number comes from. it sounds more enormous than it is but this is debate if another time. what it says, you have to have cert
you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not...
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42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> lehrer: but, but, mr. president, you're saying in order to get the job done, it's got to be balanced. >> if we're serious we have to take a balanced, responsible approach. and by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now, i've identified area where's we can right away make a change that i believe would actually help the economy. the oil industry gets $4 billion a year in corporate welfare. basically, they get deductions that those small businesses that governor romney refers to, they don't get. now, does anybody think that exxonmobil needs some extra money when they're making money every time you go to the pump? why wouldn't we want to eliminate that? why wouldn't we eliminate tax breaks for corporate jets? my attitude is, if you've got a corporate jet, you can probably
42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> lehrer: but, but, mr. president, you're saying in order to get the job done, it's got to be balanced. >> if we're serious we have to take a balanced, responsible approach. and by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now, i've...
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naets hi that's high based on where the economy is. in some ways the debate brings the polls more into line with the fundamentals, which we think implies a tenuous advantage for obama. >> so, nate, if you could get into that a little bit more, this race has been remarkably stable. the president has been ahead narrowly for most of the campaign. almost everyone is saying governor romney had the better night last night. what do you expect to happen to the polls coming out of this? >> i could see romney getting a 2, 2 1/2, 3-point swing toward him. there was one pull-out this afternoon after the debate that had a two-point swing. since obama was up by four or five, which will bring us back to two or three points. that is where gravity is in this election, is about a two and a half point win for president obama. that's what bush got in 2004. so many analogies between this election and that one eight years ago. we'll see. i think this will not win the election for romney by itself, but it puts him in a position where he could set himself up
naets hi that's high based on where the economy is. in some ways the debate brings the polls more into line with the fundamentals, which we think implies a tenuous advantage for obama. >> so, nate, if you could get into that a little bit more, this race has been remarkably stable. the president has been ahead narrowly for most of the campaign. almost everyone is saying governor romney had the better night last night. what do you expect to happen to the polls coming out of this? >> i...
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economy said no. >> i have my own plans. it's not the same as simpson-bowles but in my view the president should have grabbed it. if he wanted to make adjustments to it, go to congress and fight for it. >> that's what we've done, made adjustments to it and putting it before congress right now. >> you've been president four years. you said you'd cut the deficit in half it's now four years later we still have trillion dollar deaf surkts the ceo says we'll have a trill un-- trillin dollar debt. >> govern romney wants to repeal dodd-frank and i pressure we've got some agreement that a marketplace to work has to have some regulation. in the past govern romney says he just wants to repeal dodd-frank, roll it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversight in regulation of wall street. because if you do, then governor romney is your candidate. >> that's not the facts. look we have to have regulation on wall street. that's why i have regulation but i wouldn't de
economy said no. >> i have my own plans. it's not the same as simpson-bowles but in my view the president should have grabbed it. if he wanted to make adjustments to it, go to congress and fight for it. >> that's what we've done, made adjustments to it and putting it before congress right now. >> you've been president four years. you said you'd cut the deficit in half it's now four years later we still have trillion dollar deaf surkts the ceo says we'll have a trill un--...
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of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to new
of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans....
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these are women who are moderate voters from swing counties who in fact are concerned about the economy, concerned about the direction of the country. they are not in crisis, but they are sure anxious, they are clipping those coupons, going to walmart, driving a little further for a tank of gas. what mitt romney did last night that spoke to those women was display leadership, display direction, display clear voice, clear eye assessment of what is going on in the country and it obviously stuck. and if he can win with women like that across the country, as he succeeded in that focus group, that would bode very well for his chances to unseat president obama. megyn: the president took shots at mitt romney for not offering a real plan. plan, should he become the president. one of the sound bytes the walmart moms apparently reacted to was mitt romney laying out his five-point plan here. listen. >> my plan has five basic parts. one, get us energy independent, north american energy independent that creates about 4 million jobs. number two, open up more trade, particularly in latin america. crac
these are women who are moderate voters from swing counties who in fact are concerned about the economy, concerned about the direction of the country. they are not in crisis, but they are sure anxious, they are clipping those coupons, going to walmart, driving a little further for a tank of gas. what mitt romney did last night that spoke to those women was display leadership, display direction, display clear voice, clear eye assessment of what is going on in the country and it obviously stuck....
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i'm focusedton economy. and i thought from the moment of the debate it was very clear that's what he was all about. and he executed over the last hour and a half. it's sort of the historic norm if you're a democrat in a presidential election, you run to the left and get your nomination and pivot back to the middle and for romney ran unsuccessfully for the nomination. he had been running to the right for four years. and i think it becomes like a conditioned behavior. and i think he was slow making the turn back and heading towards swing voters. and i didn't really see him doing that effectively until his convention speech. and then really really really last night. and last night, it really was the first time this campaign that he struck me like the guy that i saw in 1994 and the guy that ran as governor that he was sort of back close to mitt romney 1.0 as opposed to 2.0 or 3.0 and back to who he is. and i tend to think that people -- when you're not pretending to be somebody else, i think you do a better job.
i'm focusedton economy. and i thought from the moment of the debate it was very clear that's what he was all about. and he executed over the last hour and a half. it's sort of the historic norm if you're a democrat in a presidential election, you run to the left and get your nomination and pivot back to the middle and for romney ran unsuccessfully for the nomination. he had been running to the right for four years. and i think it becomes like a conditioned behavior. and i think he was slow...
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growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get similar returns still from the high-yield area. high yield acts like equities. you're not really changing your risk profile there but i'm also really interested in the emerging market areas. >> but not china. >> not china itself. that's true. it depends on some of the monetary policy, changes they may now make. but at this point, no, i agree. >> we have to leave it there. you called the market right. you said 15%. that's where we are. thanks for being with us. >>> let's go to seema for a market flash. >> we got a lot of ipos this week.
growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get...
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he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance co
he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine....
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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this is a about the economy, and it is especially about the jobs situation. in terms of tomorrow's number, we're saying 120,000 which isn't horrible but not great either. that's 120 total. 135 private sector. so government is shrinking still. on the unemployment rate, all important we think it is going to go up a tick to 8.2%. this is not going to be good news for the president. dagen: what is romney talking about that would be a bigger job creator at this point and do it immediately than the president? >> well i think what he is talking about is in fact not raising taxes and essentially reducing the regulatory burden, but as you know, and the president said it, but it's true, the president's plan as well, there are not a lot of specifics here so it is a little hard to kind of pin down exactly what each of these candidates is going to do. but i think the general view is less government basically. let the free market do its thing. that was the message from last night. let the american people make their own choices, do their own thing. and that's sort of in a b
this is a about the economy, and it is especially about the jobs situation. in terms of tomorrow's number, we're saying 120,000 which isn't horrible but not great either. that's 120 total. 135 private sector. so government is shrinking still. on the unemployment rate, all important we think it is going to go up a tick to 8.2%. this is not going to be good news for the president. dagen: what is romney talking about that would be a bigger job creator at this point and do it immediately than the...
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the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass it. is the program so critical it is worth borrowing money from china to pay for it? if not, it goes. obama care is on my list -- i apologize if i used that determine -- term -- >> it's ok. >> thanks. i'm not going to borrow money from china to pay for things. i will cut pbs. i will take programs that are currently good programs but i think would be more efficiently run at the state level. number three, i will make government more efficient and cut back the number of employees. i would cut back agencies and departments. my cutb
the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass...
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two minutes to tell us about the economy, the medical thing, social security. two minutes. it's ludicrous. we should be forced to sit there -- you can't explain anything in two minutes. you can't explain how to do a souffle in two minutes. >> not a good one. >> it's unbelievable. i found that it was amazing to me to watch -- i was just like who won the debate today? well, you mean you can say romney won it because he looked mildly more alert. but i don't think anybody out there -- i'm pretty bright. i don't really know what they are saying. it sounds like english. i know it's english. but it doesn't come through. nobody -- go to america today and say what did those louns -- >> what should they be saying? >> they should explain it. don't tell me they are going to do this. tell me how you're going to do it. >> lewis, we can hear you. we can hear you. >> you're the one who asked me on. i don't know what you expected. it's early. you wake me up this early you get bad. >> my bad. should we expect this on stage on the broadway stage? >> bigger. >> okay. >> big room to fill. >> yo
two minutes to tell us about the economy, the medical thing, social security. two minutes. it's ludicrous. we should be forced to sit there -- you can't explain anything in two minutes. you can't explain how to do a souffle in two minutes. >> not a good one. >> it's unbelievable. i found that it was amazing to me to watch -- i was just like who won the debate today? well, you mean you can say romney won it because he looked mildly more alert. but i don't think anybody out there --...
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one of the things right now is that the economy is at a pretty uncertain stage. talk about the jobs numbers, there are really cross currents there and you can read the economy many ways. the opinion polls show that democrats and republicans have a very different perception about whether there's actually growth right now or not. and what we are going to see is a lot of the money targeted to campaigns that are trying to ferry out the weak spots in each other's arguments and target people to play on those fears. >> and the european economy could blow up in ways to have a huge ratification here. >> if in doubt, blame the europeans. >> jillian, well said. nick, great to have you. congressman israel, thank you so much for coming in. good to see all of you. while the debate focused on domestic issues, as we just mentioned, the situation in syria is getting worse. turkey launched a retaliatory launch against syria this morning, the second since a mortar attack yesterday that killed five people in the turkish border town. russia says syrian officials said the shelling was
one of the things right now is that the economy is at a pretty uncertain stage. talk about the jobs numbers, there are really cross currents there and you can read the economy many ways. the opinion polls show that democrats and republicans have a very different perception about whether there's actually growth right now or not. and what we are going to see is a lot of the money targeted to campaigns that are trying to ferry out the weak spots in each other's arguments and target people to play...
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and if that happens, how's that going to move our economy forward or build the middle class? so the fundamental distinctions on this and many other issues remain what they were before the debate. >> let me back up one moment. it sounds like you're acknowledging the president was out debated and less prepared than mitt romney. why is that? >> i didn't say he was outdebated. he treated the american people like adults and told them the truth, which was a fundamental distinction between him and governor romney. governor romney said i'll repeal obama care and keep all the good parts and i'll tell you later how i'm going to do it. we'll roll back wall street reform and we'll keep all the good parts and i'll tell you later how i'm going to do it. i'll cut taxes, but i'll tell you later how we're going to pay for it. defense spending, how we're going to pay for it, and fundamentally, this was his pattern all night long. but what i said last week was that i thought he'd give a strong performance, and he did give a strong performance, but that's what it was, a performance. the american
and if that happens, how's that going to move our economy forward or build the middle class? so the fundamental distinctions on this and many other issues remain what they were before the debate. >> let me back up one moment. it sounds like you're acknowledging the president was out debated and less prepared than mitt romney. why is that? >> i didn't say he was outdebated. he treated the american people like adults and told them the truth, which was a fundamental distinction between...
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>> in this economy, everything is negotiable. in the case of breakfast, if they offer a hot buffet, and with your room you get a free continental breakfast, can i just have the hot buffet with my room. and the hotel clerks told "reader's digest," they rarely say no to that. >> you're almost certain to get it. >> yeah. >> and on the wi-fi? >> as becky suggested, a smile help enormously. when you're checking in, they usually don't have the power to waive that fee. as you're checking out, and you go through the bill, they can delete that line. and if you've been nice during your stay, who knows? >>> when we come back, "deals and steals" for our deals. great bargains on kids' toys and clothes. does your phone give you all day battery life ? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like
>> in this economy, everything is negotiable. in the case of breakfast, if they offer a hot buffet, and with your room you get a free continental breakfast, can i just have the hot buffet with my room. and the hotel clerks told "reader's digest," they rarely say no to that. >> you're almost certain to get it. >> yeah. >> and on the wi-fi? >> as becky suggested, a smile help enormously. when you're checking in, they usually don't have the power to waive...
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things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out there saying we have to do something about it. that's not mainstream opinion in the democratic party. >> i believe he says we have to tweak it from time to time. indeed we do as population bubbles come and go. i think they're overreacting a little bit. let's be honest here. a lot of people in the democratic party base really wanted to see the president go out and poke him in the eye and tear off his face. >> i think they want to hear the number 47%. why didn't we hear that? >> i think that the 47% -- look, i'm not part of the debate strategy. but for the last several weeks everybody is asking how the heck c
things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out...
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the economy in view today. weekly jobless claims jumping 4,000 to 367,000, four-week average flat at 375,000 indicating that hiring is still tepid. we get the september jobs report tomorrow. critical report and expecting a gain of over 100,000 jobs by the economy, just not enough. retailers posting decent numbers for september heading closer to the holiday shopping season. couple of bay area retailers doing well, gap sales across three chains up 6% and ross was up 5%. let's check the markets. dow is gaining 40 points. nasdaq heading higher by 3. s&p up by 5. another rough day for hewlett-packard. its shares down by 3.5%. yesterday they dove 13% after ceo meg whitman told analysts that the turnaround is going to take a few years. back to you. >> all right, kcbs moneywatch reporter jason brooks. thank you. >>> thieves broke into a south san jose home but they snatched more than just electronics. they also stole a little girl's puppy. >> that girl heartbroken now. the puppy's name is me he neeko. stolen yesterday
the economy in view today. weekly jobless claims jumping 4,000 to 367,000, four-week average flat at 375,000 indicating that hiring is still tepid. we get the september jobs report tomorrow. critical report and expecting a gain of over 100,000 jobs by the economy, just not enough. retailers posting decent numbers for september heading closer to the holiday shopping season. couple of bay area retailers doing well, gap sales across three chains up 6% and ross was up 5%. let's check the markets....
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd candidate
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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i think he was going for what his strength was and should be which is i am focused on the economy. this is what i have done. this is what i will do. i am focusing on the economy and to me, i thought from the moment it was very clear that is what he was all about. and he executed for the last hour and a half. >> it is sort of the a storm at -- historic norm that if you're democratic in a contested residential nomination you run to get your nomination back to the middle. and for romney he who ran unsuccessfully in l.a. for the nomination he had been running to the right for basically four years and i think that it becomes like a condition behavior and this is pavlovian or something but where he was slow make in the turned back in heading towards swing voters, and i didn't really see him doing that effectively until his convention speech and it really really really last night. last night was, it really was the first time this campaign, that he struck me like the guy that i saw in 94 and the guy that was running, that ran and served as governor, that he was sort of that close to romney
i think he was going for what his strength was and should be which is i am focused on the economy. this is what i have done. this is what i will do. i am focusing on the economy and to me, i thought from the moment it was very clear that is what he was all about. and he executed for the last hour and a half. >> it is sort of the a storm at -- historic norm that if you're democratic in a contested residential nomination you run to get your nomination back to the middle. and for romney he...